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The median value of Australian property has fallen 2 percent since early May, to $747,800—a figure that includes homes and apartments, according to the latest housing data. CoreLogic research director Tim Lawless says Australian housing market conditions are likely to worsen as interest rates tick higher throughout the rest of the year. Here’s a breakdown of the states from Australia’s latest housing figures. Sydney: house prices are falling Average change: 2.2 percent drop in July Sydney house median value: $1,346,193 Average unit value: $806.310 Five of the eight capital cities saw month-on-month declines in July, led by Sydney occupancy values ​​which saw a 2.2 percent decline. “Although the housing market is only three months into a downturn, the national Home Value Index shows that the rate of decline is comparable to the start of the global financial crisis (GFC) in 2008, and the sharp decline in the early 1980s,” Mr Lawless said. “In Sydney, where the decline was very rapid, we

Homebuyers on a budget can still buy properties for under $250,000 in the suburbs just half an hour’s drive from downtown Brisbane. The Queensland capital has been Australia’s best-performing capital real estate market during the pandemic with home values ​​surging 27.4 percent in the year to June. A median home price of $892,133 would be beyond the reach of the average breadwinner looking to pay off a home without being under the pressure of a mortgage. Apartments in Brisbane usually cost $501,074, buying something near the city. But there’s still pockets in Logan, a satellite town half an hour’s drive southwest of downtown Brisbane, where the midpoint price of a single unit is at half that level. This means buyers on a tight budget, who want to also be closer to the Gold Coast, will be less affected by a spike in interest rates with borrowers already experiencing the Reserve Bank’s biggest hike since 1994. In Woodridge, 23km southwest of central Brisbane, the mid-range price for an a

Located a few hours’ drive from Brisbane’s bustling lights, the Southern Downs entice city dwellers with deep pockets looking for a lifestyle change. Key points: Wealthy city dwellers move to the Southern Downs in search of a lifestyle change Proximity to Brisbane and Gold Coast appeals to shoppers Retirees and investors are also taking advantage of the rural lifestyle and lower prices Adrian Dundas and his wife, Nancy, left their life on the Gold Coast and moved inland, pursuing the steady rhythm of regional life. Now calling Warwick home, Mr Dundas said it was the perfect location. “We’re always looking for places to move and/or invest and this is the gem here,” he said. “The environment, the geographical position, how friendly the people are, and how generous they are. The cost of living is also much better here. “It’s a beautiful place, a beautiful place to live.” The vacancy rate in the Southern Downs is 0.1 percent — one of the lowest in Queensland. ( Provided: Adrian Dundas ) T

When it comes to searching for asteroids, we have a blind spot. It may seem counterintuitive, but the asteroid’s most important discoveries are now being made at dusk, when astronomers can see up close to the horizon – and close to the sun – for what little is known. asteroids orbiting within the orbits of Earth, Venus and even Mercury. In perspective published in Science today, asteroid hunter Scott Sheppard of the Carnegie Institution of Science highlights the new “twilight telescope” surveys and the riches they are beginning to discover. It includes the first asteroid with an interior orbit to Venus and the one with the shortest known orbital period around the sun, both of which have been unearthed in the past two years. It also includes “city killers”, asteroids large enough that if they hit Earth the damage will be severe. “We’re doing a full survey looking for anything moving around the orbit of Venus, which is somewhere we haven’t surveyed very deeply in the past with anyth

Holding Redlich’s contemporary design approach has been launched in Brisbane, Cairns, Canberra. Now it’s Sydney and Melbourne’s turn. “In short, at Holding Redlich, open-plan and hot desking are out, and offices are in,” he said. “It’s clear from our people’s response that when you have your own office, or a shared office, you are much more comfortable working in an office.” The open layout and hot desk setup are enthusiastically welcomed by large companies, not only because they save space but because they are seen as encouraging team building and creativity. Other law firms have adopted a mixed style of office supplies. Arnold Bloch Leibler has largely closed offices across its national locations, including at 333 Collins Street in Melbourne, while Norton Rose Fulbright’s new office at 60 Martin Place, Sydney, has a hybrid layout. Despite employers’ desire to return staff to work, occupancy rates across the country have stalled. A June Property Board survey showed Sydney slumped to

The Emmy nominations have been announced for 2022 and it brought tears, unusual celebrations, and unexpected humiliation. Here’s a look at the key takeaways from the nominations. Sydney Sweeney’s tearful celebration Nominated for Emmy twice Sydney Sweeney couldn’t hold back tears as she spoke to her mother after the nominations were announced today. The 24-year-old earned two nominations, Best Supporting Actress in a Drama Series for her role as the chaotic Cassie in Euphoria and Best Supporting Actress in a Limited Series for brooding teen Olivia in White Lotus . “It’s an honor to know that Olivia and Cassie have connected with so many people. I am so proud of these two shows and grateful to everyone who has been a part of them,” said Sweeney. “But most importantly mom, I love you, we did it through our ups and downs.” Load Sweeney spoke to Variety today and opened up about his thoughts on the nominations. “I cheered for Yellowstone. I felt Yellowstone was being harassed,” he said. N

Johnny Depp has reached a settlement in a lawsuit brought against him by a member of the City of Lies film crew, who accused the actor of assaulting him during the film’s production. The actor, 59, has reached a legal agreement with Greg ‘Rocky’ Brooks on Monday’s settlement, according to The Hollywood Reporter, which reviewed court documents in the case. Depp in a legal agreement agreed to abide by the settlement by the end of August, according to court documents, as trial in the case will begin in July. Latest: Johnny Depp, 59, has reached a settlement in a lawsuit brought against him by a member of the City of Lies film crew, who accuses the actor of assaulting him during the film’s production. He was seen in court in Fairfax, Virginia in May “The settlement agreement requires cessation of this matter upon satisfactory settlement of certain terms which will not be effected within 45 days of the settlement date,” according to court documents in the case. ‘A request for dismis